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TN HB0185
Bill
Status
3/28/2025
Primary Sponsor
Renea Jones
Click for details
AI Summary
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Municipalities may contract with a certified public accountant to perform the duties of a Certified Municipal Finance Officer (CMFO)
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Contracted CMFOs must devote a minimum of 16 hours per month to financial oversight on behalf of the municipality
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Municipalities may request written approval from the comptroller of the treasury to allow their contracted CMFO to work fewer than 16 hours per month
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Comptroller approvals for reduced hours are valid for one year and must be renewed annually
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Effective immediately upon becoming law (passed March 6, 2025; approved March 20, 2025)
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 6, Chapter 56, Part 4, relative to contracted certified municipal finance officers.
Municipal Government
Last Action
Comp. became Pub. Ch. 44
3/28/2025